UK PM May tells business chiefs: two-year Brexit transition is assured - source

LONDON (Reuters) - Prime Minister Theresa May told business leaders that they should treat a two-year transition period after Brexit as assured as she tries to ease company concerns that Britain could crash out of the EU without a deal, a source told Reuters.

May met business chiefs from GlaxoSmithKline (GSK.L), Vodafone (VOD.L) and HSBC (HSBA.L) and other major companies on Monday to hear what they want from talks on Britain’s relationship with the EU after Brexit.

Businesses have become increasingly alarmed by the slow progress of negotiations and the prospect that the country could leave the trading bloc without a new trading arrangement in place in 2019. Full Story

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